Transferring stock is an excellent way to support the mission of the Parkinson’s Action Network (PAN). A gift of securities may provide significant benefits, such as:
- Increased value for your gift to PAN and decreased cost to you.
- A charitable income tax deduction for the fair market value of the gifted securities.
- Elimination of capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds of the sale to PAN.
Please notify our financial analyst of the type of stock and number of shares that you wish to give, as well as how the funds should be directed (program, pledge payment, tribute, unrestricted, etc.). In general, you can donate devalued stock that has lost value this year to PAN, and/or you can also donate appreciated stocks that you have owned for over a year. This information is general in nature, is not complete, and may not apply to your specific situation. Consult your tax advisor regarding your tax needs.
We will provide you with the information you and your broker will need to initiate the transfer. Please contact: